The Citizen (Gauteng)

Entrust your investment property to an agent

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Jako le Roux

Understand­ing when, where and how to invest in real estate is key to building a strong property portfolio.

Savvy investors buy properties, hold on to them and sell them once they have gained value, either by selling off a portion of the portfolio or the entire portfolio.

The important factor that needs to be taken into considerat­ion here is time.

When to invest

As a long-term investment it makes sense to start building a property portfolio as early as possible. Start small but strong.

Where to invest

The old adage – location, location, location – still holds true.

Buying an investment property in a good location will mean a higher occupancy rate, more growth and a better chance of reselling. But what is a good area? Investors should study the market and always be on the lookout for areas that are expanding in terms of population, local economy and infrastruc­ture.

How to invest

First-time investors would be wise to consult a property investment company or specialist consultant.

Real estate is often perceived to be a cut-throat business and one not for the faint of heart.

Property investment agencies help you access the finance you need to obtain the property.

They will also advise and assist you in finding a property that will suit your needs.

Once purchased, a trusted investment managing agent will be invaluable in ensuring that the property is managed and tenanted.

A good agent will make sure you are aware of the potential risks, as well as the rewards and yields that you can expect.

Jako le Roux is in Just Property’s Investment division.

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